I agree with your calculations. The amortization number is also what I would consider if it is the Mako acquisition impairment cost? they have gone very quiet on Netassure sales although it did appear in the half year figures (very small sales numbers). If it is not this then how has the amortization gone from a sub 100K number in previous years to close to 1 million in a half year?
Hopefully now they seem to be getting traction with 3G products in the international markets (and back home)they will concentrate on this technology and not waver into other areas and seek to establish and consolidate themselves in what they are good at.
I agree with your calculations. The amortization number is also...
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